SteelOaks Investment Advisers provides investment management services to individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations and business entities. SteelOaks focuses on managing investment portfolios based on the client's investment goals. SteelOaks does not provide financial planning services but may provide consulting services on investment-related matters.
Fee Structure
SteelOaks charges a percentage of the assets they manage. The annual fee varies depending on the amount you invest and the type of investment management services provided. For Enhanced Equity & Balanced Management (no minimum account size), the fees are:
- 1.25% on the first $250,000
- 1.00% on the next $750,000
- 0.75% on the next $2 million
- 0.50% on the next $2 million
- 0.40% on the next $5 million
For Enhanced Equity & Balanced Management (minimum account size $5,000,000), the fees are:
- 0.50% on the first $5 million
- 0.40% on the next $5 million
- 0.35% on the next $40 million
- 0.25% on the next $50 million
- 0.15% on the next $100 million
For Fixed Income Management, the fees are:
- 0.60% on the first $2.5 million
- 0.35% on the next $2.5 million
- 0.30% on the next $20 million
- 0.25% on the next $25 million
- 0.15% on the next $50 million
For Consulting Services, the fees are:
- 0.65% on the first $2.5 million
- 0.50% on the next $2.5 million
- 0.35% balance over $5 million
Management fees and minimum account size are negotiable.